ENGIE Energy Marketing NA (EEMNA), a subsidiary of ENGIE North America, has partnered with BKV Corp. to develop a framework for sourcing measured sequestrated carbon in establishing a new class of differentiated technology-based carbon credits.
The framework includes two approaches along the value chain. BKV will measure, reduce, and verify emissions using the latest operational enhancements and technologies. BKV also will deliver sequestrated carbon credits to EEMNA under a defined framework for marketing to support development of a new and emerging market. EEMNA and BKV plan to engage third parties and academic institutions to review and verify the framework.
EEMNA considers this initiative a first differentiated offering and the beginning of an emerging U.S. market where an LNG buyer, gas utility, power utility or other end-user can purchase measured and verified sequestrated carbon credits from a single, trusted company.
“EEMNA was a first mover in recogni
